After an amazing run from 195 to 420, Netflix was definitely over extended.
This stock is definitely in a downtrend (lower-lows, and lower-highs).
It will most likely continue towards the 200-day moving average and bounce around 300.
Protect your capital: Use a stop limit or puts.
This stock is definitely in a downtrend (lower-lows, and lower-highs).
It will most likely continue towards the 200-day moving average and bounce around 300.
Protect your capital: Use a stop limit or puts.